Russia clarifies registration rules for subdivisions, foreign organisations
The Russian Federal Tax Service has issued clarifications on changes to the rules governing the registration of separate subdivisions and foreign organisations. Organisations operating through separate subdivisions may now not only select a tax
See More
Russia: Government extends export duty on oilseed flax until 2028
The Government of Russia has extended the export customs duty on oilseed flax leaving the country for destinations outside the Eurasian Economic Union (EAEU), under a decree adopted in Moscow on 25 August 2026. Decree No. 1073, signed by Chairman
See More
Russia proposes VAT, SME tax changes
Russia’s State Duma has received draft law No. 1331250-8, submitted on 2 September 2026, proposing to reduce the standard VAT rate from 22% to 20% and raise the VAT threshold for businesses using the simplified tax regime from RUB 20 million to
See More
Russia expands tax monitoring access for legal successors from September 2026
Russia has expanded access to its tax monitoring regime from 1 September 2026, allowing legal successors of companies already subject to tax monitoring to enter the regime without independently meeting the standard eligibility thresholds. The
See More
Russia: FTS clarifies Pillar Two corporate tax rules for MNE groups
Russia has introduced special rules for calculating corporate income tax for members of international groups of companies, with the clarifications published by the Federal Tax Service (FTS) in Tax Policy and Practice, No. 8/2026, on 18 August
See More
Russia: FTS to introduce updated 3-NDFL tax return form from September 2026
Russia’s Federal Tax Service (FTS) will introduce an updated 3-NDFL tax return form (KND 1151020) from 1 September 2026, following the enactment of Federal Tax Service of Russia Order No. ED-1-11/333@ dated 25 May 2026. The order amends the 3-NDFL
See More
Ferro-silicon duties take effect as EU prepares major chemical controls
The week was defined by the activation of previously announced trade defence measures rather than the publication of new ones. Definitive anti-dumping duties on ferro-silicon from China and Russia took effect, representing a significant tightening
See MoreRussia: Government proposes VAT calculation changes
The Government of the Russian Federation has submitted draft legislation to amend Article 168 of Part Two of the Tax Code of the Russian Federation, seeking to address how VAT should be treated under existing contracts when tax legislation
See More
EU unleashes broad trade defence campaign targeting China, Russia, and now US Biofuels
The European Union executed a significant protectionist shift this week, defined by a sustained and escalating campaign of trade defence actions. The week began with sweeping new controls on Russian industrial materials taking effect and was
See MoreRussia: CBR lowers key rate used for tax interest calculations
The Central Bank of Russia (CBR) has reduced the key interest rate from 14.5% to 14.0% on 24 July 2026. The CBR’s key interest rate is applied in calculating interest deductions and the interest on late payment of overdue taxes. This
See MoreRussia introduces simplified procedure for online tax notifications
The Russian Federal Tax Service has announced that a simplified procedure for delivering tax notifications through the Unified Public Services Portal (UPSP) will take effect from 1 August 2026, under amendments introduced by Federal Law No. 425-FZ
See MoreRussia proposes new PIT deduction for young professionals in key sectors
A draft law has been submitted to the Russian State Duma proposing the introduction of a new individual income tax deduction for young professionals working in certain fields. The proposal is set out in Draft Law No. 1292383-8, submitted on 17 July
See More
Germany announces suspension of double taxation treaty with Russia
Germany has notified Russia that it will suspend the agreement of 29 May 1996 between the two nations for the Avoidance of Double Taxation with respect to Taxes on Income and on Capital, effective from 1 January 2027. The notification was
See MoreRussia: State Duma approves first reading of employee incentive tax bill
Russia's State Duma has approved, in the first reading, a Ministry of Finance bill that would introduce tax incentives for administrators of employee incentive programmes by extending an existing tax exemption. This announcement was made on 7
See More
Russia: Central Bank of Russia cuts key rate by 25 basis points
The Central Bank of Russia (CBR)’s Directors decided to cut the key rate by 25 basis points to 14.25% per annum on 19 June 2026. The CBR’s key interest rate is applied in calculating interest deductions and the interest on late payment of
See More
Finland formally ends tax treaty with Russia from July 26
Finland will formally suspend its income tax treaty with Russia effective 1 July 2026, aligning with Russia's August 2023 decision to suspend reciprocal application. Up until now, Finland maintained the treaty unilaterally despite the lack of mutual
See MoreRussia: State Duma approves draft bill for regulation of digital assets
Russia’s State Duma, in the first reading, has approved a draft law designed to align the provisions of the Tax Code with separate legislation establishing a comprehensive framework for the regulation of the organisation and circulation of
See MoreFinland: President approves suspension of Russia tax treaty implementation act
Finland’s President has signed the law suspending the implementing Act for the 1996 tax treaty with Russia on 29 May 2026, according to an update from the Finnish government. As previously reported, Finland had already notified Russia that the
See More